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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: marginmike who wrote (6282)10/28/2002 6:25:20 AM
From: Elroy JetsonRead Replies (3) of 306849
 
Real estate prices rise and fall as a function of incomes.

In the short-term the emotions of buyers and sellers can swing prices to higher or lower extremes. But this economic linkage always reasserts itself to the detriment of those who bet on the bubble.

Many uneducated persons and unethical real estate sales people claim real estate prices only go up, but history has proven them to be pitiful liars.
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